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ExxonMobil is informed that it plans to renovate its French refinery early next year. According to informed sources, ExxonMobil plans to renovate its Glavin Xiong refinery in France early next year. People familiar with the matter said that the company will carry out the first-stage overhaul of the refinery in February and March, and the second-stage overhaul in 2026.Market news: Mohammed Al Bashir will form a transitional government.Ziyan Food is caught in a product safety storm: the products in the online mall have been removed from the shelves and entrusted to a third party for testing. Ziyan Food, whose total number of exposed product colonies exceeds the standard, responded to the food safety storm. On the evening of December 8, Ziyan Food issued a clarification announcement. "After review and investigation by the company, the factory inspection report of the corresponding batch of products released in the video was qualified. The company has also entrusted a number of authoritative third-party testing institutions to conduct microbial testing on the company's products in the near future, and the relevant test results will be made public in time. " On December 9, Ziyan Food related people explained to reporters that the products involved in the video inspection were the "locked fresh clothes" series of Ziyan Baiwei Chicken Online Mall, which were sold by Shanghai Zihao Food Co., Ltd. through e-commerce platforms (JD.COM, Tik Tok, Taobao, Tmall, etc.) and new retail (box horse, ding-dong, etc.). "After the products sold by e-commerce platforms are produced by foreign factories, they are directly distributed to consumers by logistics companies." "At present, the related products of the online mall have been removed from the shelves for the first time", and Ziyan Food related people pointed out that "the company actively accepts the inspection by the regulatory authorities", and the incident is still waiting for the final confirmation of the regulatory authorities. (21 Finance)

The Syrian opposition authorized Mohamed Al-Bashir to form a transitional government. According to pro-Syrian opposition media reports on the 9th, the opposition authorized Mohamed Al-Bashir, the "Government of Saving the Country in Syria", to form a transitional government in Syria. The "Syrian Government for Salvation" was established by the Syrian opposition, with Bashir as its prime minister. (Xinhua News Agency)EU leaders called on Germany to lift the borrowing ceiling to protect the economy.Iran: It has established contact with Syrian "opposition forces". According to Reuters's report on December 9, a senior Iranian official told Reuters on September 9 that after Bashar al-Assad, Iran's main ally, was ousted, Iran has established direct communication channels with opposition forces within the new Syrian leadership to prevent a "hostile track" between the two countries. (Xinhua News Agency)

Huaxi Securities Interpretation of the Political Bureau Meeting in December: The policy strength showed an upward trend. The Huaxi Securities Research Report pointed out that the release signal of this meeting was positive. Judging from the significant strength of Hong Kong stocks and A50 futures, the content of the meeting greatly exceeded previous market expectations. There are mainly the following aspects: First, the policy tone is more positive. "Strengthening unconventional countercyclical adjustment", which is used to describe countercyclical adjustment for the first time, reflects the upward trend of policy strength. The policy of this year's two sessions is expressed as "strengthening countercyclical and cross-cyclical adjustment of macro policies", the Politburo meeting in July "strengthening countercyclical adjustment" and the Politburo meeting in September "strengthening countercyclical adjustment". From the point of view of change, it gradually turns to counter-cycle instead of cross-cycle, and the intensity is constantly upgrading. Create a follow-up policy for the market that may continue to be introduced until the economy stabilizes and rebounds. At the same time, the meeting did not mention "coordinating the expansion of domestic demand and deepening the structural reform of the supply side", but directly mentioned the expansion of domestic demand, which is also a manifestation of facing the problem more directly and attaching importance to the demand side. Second, as far as finance and money are concerned, this meeting mentioned "implementing a more active fiscal policy and a moderately loose monetary policy", and the modifier "more" was added in front of the active fiscal policy. A similar expression was found in the Politburo meeting in April 2020, "The active fiscal policy should be more active and promising", and then in May, the two sessions formulated a large-scale fiscal combination boxing (deficit ratio 3.6%+, 3.75 trillion new special debts and 1 trillion special national debts). The third is to stabilize the property market and write the stock market into the 2025 goal. The fourth is to pay attention to consumption. The meeting mentioned "vigorously boosting consumption, improving investment efficiency and expanding domestic demand in all directions". It is expected that the policy of promoting consumption will make a breakthrough in scale and direction. Fifth, the meeting also mentioned science and technology (to lead the development of new quality productive forces with scientific and technological innovation and build a modern industrial system), green (to jointly promote carbon reduction, pollution reduction and green growth, and accelerate the overall green transformation of economic and social development) and foreign trade. Emphasizing science and technology, it is clear that the direction of future policy is in the industrial direction led by science and technology. At the same time, for green, because next year is the last year of the 14 th Five-Year Plan, emission reduction and other targets need to be completed. In terms of foreign trade and foreign investment, the meeting mentioned that "it is necessary to expand high-level opening to the outside world and stabilize foreign trade and foreign investment".According to the report, the sales of China's household appliances industry will maintain a low growth rate in 2025. S&P Credit Rating (China) Co., Ltd. (S&P Credit Rating) released a report on the 9th, saying that the sales of China's household appliances industry will maintain a low growth rate in 2025, thanks to the continuous growth of exports and the promotion of the "trade-in" policy for domestic sales. According to the report, in 2025, China's home appliance exports will maintain a relatively high growth rate, and the external environment will have a relatively controllable impact on China's home appliance exports. Specifically, emerging market countries, mainly in the Middle East, Southeast Asia and Africa, have a large demand space for China's household appliances, and the penetration rate of household appliances will continue to increase. In 2025, China head home appliance enterprises will further seize the global share and drive home appliance exports to maintain a high growth rate, relying on the advantages of supply chain and the continuous improvement of brand influence.China Merchants Bank: Simon Chung's qualifications as a director and chief risk officer have been approved. China Merchants Bank Co., Ltd. announced that the company received the Reply of the State Financial Supervision and Administration on the Qualifications of Directors and Chief Risk Officers of China Merchants Bank in Simon Chung (Jin Fu [2024] No.800). According to the above reply, the qualifications of directors and chief risk officer of Simon Chung China Merchants Bank have been approved. Simon Chung's term of office as executive director and chief risk officer of the Company shall take effect from the date of approval on December 6, 2024, until the expiration of the 12th Board of Directors of the Company.